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Senator Wyden Released Legislation: "Significant Changes To The Taxation Of Partnership Distributions, Allocations, And Gain Recognition Rules"

Senator Wyden Released Legislation: "Significant Changes To The Taxation Of Partnership Distributions, Allocations, And Gain Recognition Rules"
We wanted to call your attention to draft legislation that Senators Ron Wyden and Sherrod Brown released today that would make significant changes to the taxation of partnership distributions, allocations, and gain recognition rules. The bill text is available via the link below and a section-by-section summary is available at: https://www.finance.senate.gov/imo/media/doc/Wyden%20Pass-through%20Reform%20Section%20by%20Section.pdf. Significantly, the proposal would make the following changes (generally …

Register Now to Attend "Introduction to Family Governance" Webinar

Register Now to Attend "Introduction to Family Governance" Webinar
Thank you to Russell Sullivan and the team at Brownstein Hyatt Farber Schreck, LLP for this report.Family Business owners plan their business as a legacy to their family, their employees, and the community. To sustain and grow that legacy, estate planning is critical. Please join us for this upcoming webinar with BNY Mellon Wealth Management to learn some of those …

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